Back to episode — Episode 1324 Scott Adams - Voter ID Law Arguments Dissected, Biden Press Conference Review in Advance
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thing's getting folded into Twitter itself. I don't know if it's going to be Periscope-like. I don't know. So I don't know any details of that. Someday if this isn't here just go to YouTube and Google me and I'll pop right up. So you can find me on YouTube and by the way also on Rumble. So every time YouTube demonetizes me I do a commercial for Rumble on Twitter. I've only done it once yet but tha…
← Previous segment →e way I organize them is you do them in order. So you wouldn't have to work on all nine. You work on the top one. The top one says pay off your credit card. What else do you need to know? That's it. Pay off your credit card. Don't buy stocks until you pay off your credit card. Don't do anything financially until you pay off your credit card. And it's really easy because that's your highest interest rate. You couldn't possibly make that much money in the stock market reliably. You could but not reliably.
Somebody's saying where is it? Google my name and personal finance list or something. It should pop up. It's all over the internet. It's in a number of my books as well. Oh I see somebody's listing the list in the comments here. So believe it or not it's actually easy to teach people personal finance. It's literally one page and they just have to tack it to their wall and work on the top one and just work their way down. Very easy. None of it is complicated in the least.
Did I check out Decentraland yet? I did not. I figure I can tell from the name of it what that's all about but maybe I'll look into that. Are the when tokens any good anymore? They're still trading. Their value is low because the underlying company doesn't exist but they live forever. They can't go away because they're part of the blockchain. And there is a new app under development that would use them as its token. So anything that creates a demand for that token can increase its value. So in fact anybody out there who wants to start an app and just use a token that already exists could do that.
Struggling to understand financial jargon? Yeah that's a good point but everything this financial jargon is easy to Google right? When you come into the word just look it up. Next word just look it up. You'll get there pretty quickly. There's really not a lot of complexity to it. The reason that finance seems so complicated is that the number of things you could know is gigantic. The things you could know is just huge. The things you need to know to have a hundred percent of everything you need to know is just like this pinpoint of all the things you need to know. Because if you understand diversification, if you understand how to diversify your portfolio and you know how
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to open a Charles Schwab account and you know that you want to pay off your debts that are higher interest rates first you're almost completely done. You're almost done. I mean that's that got you to 90% of everything you need to know and it took me three sentences. Sunk costs is a good thing to know about. Yeah there are a lot of psychological obstacles to being a good investor that you should l…
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